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Nonprofit · EIN 38-3314501

RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION

Tax-exempt · FARMINGTON HILLS, MI 48334

Financials

$7K$32K2022$2K$33K2023$8K$22K2024
Revenue Expenses · by fiscal year end
Financials of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990-PF$8,171$22,452-$14,281$51,206$0$51,206
January 31, 2024990-PF$2,362$32,925-$30,563$65,487$0$65,487
January 31, 2023990-PF$7,129$32,044-$24,915$104,666$0$104,666
Financial details: 990-PF for the year ended January 31, 2025

Revenue

Contributions, gifts and grants
$4,265
Dividends
$1,069
Net gain from sales of assets
$2,837

Expenses

Grants and similar amounts paid
$20,900
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$21,624
Excise tax on investment income
$43

Balance sheet and other

Total assets, start of year
$65,487
Total assets, end of year
$51,206
Total liabilities, end of year
$0
Net assets, end of year
$51,206
Fair market value of assets
$78,358
Qualifying distributions
$21,624
Net investment income
$3,906

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended January 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHERRY GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
DIRECTOR1$0
LYNDSEY GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
TRUSTEE1$0
AARON GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
TRUSTEE1$0
990-PF for the year ended January 31, 2024: 3 people
NameTitleHours / weekCompensation
SHERRY GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
DIRECTOR1$0
LYNDSEY GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
TRUSTEE1$0
AARON GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
TRUSTEE1$0
990-PF for the year ended January 31, 2023: 3 people
NameTitleHours / weekCompensation
SHERRY GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
DIRECTOR1$0
LYNDSEY GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
TRUSTEE1$0
AARON GERSHENSON
31500 NORTHWESTERN HWY SUITE 100, FARMINGTON HILLS, MI 48334
TRUSTEE1$0

Address and contacts

Address (IRS master file)
31500 NORTHWESTERN HWY 100, FARMINGTON HILLS, MI 48334-0000
Signed the 990-PF
SHERRY GERSHENSON, TRUSTEE
Phone
(248) 785-2300
Return prepared by
GERSHENSON REALTY & INVESTMENT

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990-PF on file
2023January 31, 2024June 17, 2024990-PF on file

IRS record

EIN
38-3314501
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1996
Accounting year ends
January
Files
Form 990-PF
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$51,206
Income (IRS master file)
$26,263

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJanuary 2025$8,171$22,452$51,206XML
990-PFJanuary 2024$2,362$32,925$65,487XML
990-PFJanuary 2023$7,129$32,044$104,666XML
990-PFJanuary 2022–––IRS
990-PFJanuary 2021–––IRS
990-PFJanuary 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3314501).

Questions about RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION

What is the EIN of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION?
The employer identification number (EIN) of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION is 38-3314501.
Is RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended January 2025.
Who are the officers and directors of RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION?
The 990-PF for the year ended January 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does RICHARD AND SHERRY GERSHENSON FAMILY FOUNDATION have?
On its 990-PF for the year ended January 31, 2025 it reported revenue of $8,171, expenses of $22,452 and total assets of $51,206 at year end.

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